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Inventory:
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- Product ID: 56559
The Certified Platinum American Eagle 2002 $100 One Ounce MS69 NGC represents one of the most prestigious offerings in modern U.S. numismatics, combining precious metal value, artistry, and near-flawless condition. As part of the official platinum bullion program of the United States, this one-ounce coin struck in .9995 fine platinum is both a high-purity investment asset and a sought-after collectible. Its certification by the Numismatic Guaranty Company (NGC) at the MS69 grade confirms that it is in nearly perfect condition, exhibiting only the most minor imperfections that are invisible to the naked eye. This example is particularly valued for its design, historical context, and place in the expanding legacy of platinum coinage in the U.S.
The Platinum American Eagle series was introduced in 1997 following the enactment of the American Eagle Platinum Coin Act of 1996. These coins became the first official platinum bullion coin produced by the United States Mint, with both bullion and proof versions available. The bullion versions, such as the 2002 $100 coin, are struck specifically for investors, while the proof coins cater to collectors. The bullion coins feature a consistent design year to year, showcasing a powerful and patriotic image of Liberty. The 2002 release continues this now-iconic design, offering a snapshot of the program’s maturity and growing reputation among investors and collectors alike.
The obverse of the 2002 Platinum American Eagle was designed by renowned artist John Mercanti and features a striking rendition of the Statue of Liberty. In this close-up portrait, Liberty’s face is forward-facing and expressive, symbolizing America’s ideals of freedom and enlightenment. Her spiked crown stands tall against a sunlit backdrop, rendered with sharp lines and a sense of monumental dignity. Around the rim are the inscriptions “LIBERTY,” “2002,” and the national motto “IN GOD WE TRUST.” This design has become the definitive image of the Platinum Eagle bullion series and is considered one of the most contemporary and powerful interpretations of Liberty in American coinage.
The reverse design of the 2002 coin, like all standard bullion Platinum Eagles, features an eagle in flight, soaring high above the Earth with the sun on the horizon. Designed by Thomas D. Rogers Sr., this image portrays an American bald eagle as it glides majestically with its wings outstretched and its gaze fixed ahead. This representation reflects strength, independence, and America’s expansive ideals. The inscriptions on the reverse include “UNITED STATES OF AMERICA,” “.9995 PLATINUM 1 OZ.,” and the denomination “$100,” which is the highest face value ever assigned to a U.S. coin at the time of its introduction. The overall presentation speaks to the blend of artistry and authority embodied in this series.
Each Platinum American Eagle is struck from 99.95% pure platinum and weighs exactly one troy ounce, ensuring that it meets international investment standards. The coins are minted at the West Point Mint in New York, although the bullion versions do not bear a mintmark. The West Point Mint is renowned for its production of precious metal coinage and maintains exacting standards in the striking and handling of investment-grade pieces. Each coin is guaranteed by the U.S. government for weight, purity, and content, which makes it a preferred choice for investors seeking a secure store of value in a precious metal less commonly held than gold or silver.
The mintage of the 2002 Platinum American Eagle bullion coin was relatively modest compared to earlier years. The final mintage totaled just 9,503 one-ounce bullion coins, making it one of the lower mintage issues in the entire Platinum Eagle series. This lower production total contributes to the scarcity and appeal of the 2002 issue, especially in higher grades like MS69. Collectors often seek specific dates with reduced mintages for their long-term potential and harder-to-find status, adding an extra dimension of desirability to this issue beyond its bullion content.
Graded MS69 by NGC, this example has been evaluated as being in near-perfect mint state condition, exhibiting full luster, sharp strike, and only the most minute imperfections that prevent it from achieving a perfect MS70. Coins with the MS69 grade represent the highest level of quality available to most collectors at a relatively affordable price compared to perfect specimens. The NGC encapsulation offers long-term preservation and tamper-proof assurance of the coin’s authenticity and condition. The coin is housed in NGC’s durable, transparent holder, which prominently displays the certification label and allows for easy identification and display.
The NGC certification not only preserves the coin physically but also enhances its market value. Buyers and collectors have greater confidence in the authenticity and condition of the coin when it is certified by a top-tier third-party grading service. NGC’s reputation in the numismatic world is well-established, and their rigorous standards provide peace of mind to both collectors and investors. As such, an MS69 Platinum Eagle from 2002 offers an optimal balance between quality, beauty, and potential value appreciation.
Due to the combination of platinum’s price volatility and its rarity compared to gold and silver, Platinum Eagles like this 2002 edition have carved out a specialized niche in the bullion market. Investors often diversify their holdings with platinum because of its industrial demand and limited global supply. The Platinum Eagle series, with its government guarantee and impeccable design pedigree, offers one of the most secure and collectible ways to hold physical platinum. Among the various dates in the series, 2002’s low mintage and high-grade certification make it a standout option for long-term growth and appreciation.
The 2002 $100 Platinum American Eagle MS69 NGC is a shining example of American minting excellence and a powerful representation of national pride. Whether held for its investment value, its scarcity, or its aesthetic appeal, it serves as a highly respected asset in any portfolio or coin collection. Its near-perfect grade, low mintage, and historical place within the Platinum Eagle lineage mark it as a coin of significance. As collectors continue to appreciate the scarcity of high-grade platinum coins from the early 2000s, the desirability and prestige of the 2002 MS69 Platinum Eagle will undoubtedly endure.